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Yale Provides More Financial Aid

http://www.nytimes.com/2008/01/07/education/07cnd-yale.html?ex=1357362000&en=5d83ad321181aa19&ei=5088&partner=rssnyt&emc=rss

Yale, under pressure from Congress to make tuition more affordable, plans to spend up to 40% or $307 million on financial aid and scientific research from its total endowment of $1.15 billion. This news follows the announcement last month from Harvard that it would increase what the university spends on student aid from $98 million to $120 million. Good news if you plan to apply to either Yale or Harvard this fall.